EconPapers    
Economics at your fingertips  
 

Renewable energy and economic growth in the MENA region: empirical evidence and policy implications

Philipp Dees and Georgeta Vidican Auktor

Middle East Development Journal, 2018, vol. 10, issue 2, 225-247

Abstract: We estimate the impact of an increase of installed capacity for electricity generation from renewable sources and from increasing renewable electricity generation on economic growth in the MENA region, using a neoclassical growth function that includes capital, labor and energy use as additional input factors. Our working hypothesis is that there could be a negative impact from renewable electricity on growth, given the high initial investments associated with alternative energy technologies. We could not prove this hypothesis and even found some evidence for a positive relation between renewable electricity and growth, mainly for renewable electricity generation; however, causality remains unclear. The results hold for several robustness checks. We conclude that investing in renewables does not hinder growth in MENA countries.

Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1080/17938120.2018.1520000 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rmdjxx:v:10:y:2018:i:2:p:225-247

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rmdj20

DOI: 10.1080/17938120.2018.1520000

Access Statistics for this article

Middle East Development Journal is currently edited by Lyn Squire

More articles in Middle East Development Journal from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2020-09-30
Handle: RePEc:taf:rmdjxx:v:10:y:2018:i:2:p:225-247